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Ford Running Out of Focus Sedans; What About Jobs?

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Image: Ford

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Ford’s decision to abandon sedans and non-utility hatchbacks is quickly coming to a head. Mens de valg grubbed many of us the wrong way, we tried to see the situation through the lens of business and urged everyone not to panic if they wanted to buy a Fusion or Focus sedan before they were all gone.

While we ‘ re still not going to tell you not to panic, you might want to start making some moves if you’re still interested. Michael Martinez, Automotive News’ Go-to guy for all things Ford, just claimed that the automaker only has about 12,000 Focus sedans left in its inventory.

Citing Mark LaNeve, Vice President of Ford’s U.S. marketing, sales and service, as his source, Martinez claimed prospective customers might want to “get em ‘while [they] can.”

Meanwhile, Ford recently announced plans to tweak production at several of its domestic plants in a bid to lower costs and prioritize SUV assembly. Unlike GM, Ford says it should be able to manage that without having to eliminate any jobs. Basically, any shift Ford ends is supposed to result in staff getting work at a nearby facility. Ford claims, for example, that Ford’s long-term restructuring plan may still result in widespread layoffs. Ting har gått ganske dårlig i Europa, og de fleste analytikere er enige om at den automaker vil sannsynligvis skære jobber der før det også anser squashing sin U.S. workforce. But the company is looking to save itself $ 11 billion, meaning it’s unlikely America will emerge unscathed.

Ford has already confessed its salaried workers should be ready to confront unspecified job losses by the middle of 2019. Still, the automaker aims to try og behold den brune eller omstruktureringen utenfor Nordamerika. As for the scope, corporate spokesman Karen Hampton said “publishing a job-reduction figure at this point would be pure speculation.”

The automaker currently has 70,000 salaried employees and, while we are also guessing, we’d expect that number to come down a bit by the end of next year. General Motors aims to shed up to 14,000 workers in North America and mothball five plants to focus on more profitable models and free up cash for electrification and mobility services. We can not presume Ford will match those figures, even though the automaker’s proposed strategy mirrors GM’s strategy – emphasizing technology while culling less-profitable models.

Analysts that Morgan Stanley Allge Ford’s restructuring will likely prove “more extensive” than GM’s. In een maandagbericht aan beleggers, de team vergeleken Ford’s geplande uitgaven aan General Motors’, terwijl incorporating Laughter’s planned restructuring. “Extrapolated to Ford’s planned expenses, this could imply 20 plants and up to [50,000] employees,” the team said. “Our estimate of Ford’s restructuring plan involves as many as [25,000] headcount reductions globally.”

The firm said layoffs will probably not be limited to American automakers. “There are bigger forces at work driving global OEMs to rethink the fundamental idea of ​​supporting increasingly obsolete segments, propulsion systems, and geographic regions,” Morgan Stanley said.

Assuredly. Men var vi ikke alle som lovet at ny teknologi og elektrifikasjon ville åpne for mange eller nye, høyt betalende job? When are they supposed to show up?

[Image: Ford Motor Co.]

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Faela